Majority of Americans Say Federal Taxes Are Just Too High

Americans are scrambling to have their taxes prepared by the end of the day to satisfy Uncle Sam’s thirst for their hard-earned money. Their lack of enthusiasm could have something to do with the fact that over half of the population claims taxes are just too high.

According to Gallup, 42 percent of Americans still say that they are paying enough, or “about right,” while 52 percent say that the taxes they are paying are too high. About two years ago, 46 percent of Americans said taxes were too high, indicating that there has been an increase in the number of people feeling they are simply paying too much.

Gallop found that the view that taxes are fair is more popular among Democrats, whereas Republicans tend to see their tax burden as not fair. According to the latest poll, 54 percent of Americans still regard the income tax as fair. However, this view is becoming less popular over time. According to Gallup, it hasn’t been this low since 2001.

Among Republicans, 57 percent say taxes are too high and 49 percent say what they pay is not fair. Among Democrats, 55 percent say they pay about right, and 69 percent say that what they pay is fair.

Among Independents, the numbers indicate that the difference between those who think their taxes are fair and those who think taxes are not fair is of 7 percent. Slightly more Independents (51%) say the federal income tax they have to pay is fair against 44 percent that say the taxes they pay are not fair.

The majority of Americans who make less than $30,000 per year (49%) say they consider their federal income tax too high, while at least 61 percent of Americans who make $75,000 or more per year say they consider what they pay too high. The majority (47&) in the middle-income group of Americans that make $30,000 to $74,999 per year claimed the tax they pay is about right.

Gallup concluded their extensive review of data by indicating that this year, 52 percent of Americans feel they have paid too much in taxes. Last time these many Americans found they were paying too much was in October 2008, before the height of the Great Depression.

Tax increase has also contributed to the overall frustration and bitterness that Americans now feel this time of the year. With the expiration of the Bush tax cuts, previous deductions were eliminated, which resulted in a tax increase.

Gallup also concluded that the increase in the number of people who are not happy with how much they pay might have also something to do with their discontent with the government.

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